I don’t know why market reacted badly to the Republican non-vote on the fiscal stiff. It was never going to pass anyhow. The market is just plain screwed up as it is become a rigged and manipulated game by the fed and an interfered with market because of all the news-driven nonsense out of the…
I am outta here…will have weekend report. As I stated earlier…really thought market wanted to go higher and hopefully that takes over. Market defended a wee bit here early but it is early. Maybe Ben will print a few billion today and buy the s&p futures. Wish I was watching…tried to change flight but…
Futures came back just a wee bit but not much…still getting smoked. Amazingly, europe not down that much. I would love to take blame or credit with these markets but they cannot be controlled. It is sickening to me that on a daily basis we have to deal with government madness, manipulation and corruption…
Before the news tonight, I would have told you markets acting just fine…led by financials and now starting to see some growth as MA and V continue to move out…EBAY sets up perfectly…EXPE setting up….KORS setting up back above 50 day…CRM working well…AMZN in a nice set up….RAX acting great and I could go on…BUT……
This time of year, newspapers and magazines are filled with predictions and stock recommendations and trading ideas. I have repeatedly explained why these are terrible ideas and you should ignore them. Sometimes, you just have to let the performance speak for itself. And for that, I present Fortune: 10 Stocks To Last The Decade A few major trends will likely shape the…
Again, traveling this afternoon…if I do a report tonight, it will be late late late. If not, will be in morning. Heading for some vacation…but will have regular reports. Futures are up alittle…blah blah blah. I have a few set-ups like a FBHS…an AKAM which has broken out and a few others. Also watching RAX…
https://archives.warpradio.com/btr/InvestorsEdge/121918.mp3 JUST LETTING YOU KNOW It was somewhat of a quiet day. Not a lot going on. We drifted lower. We were down about 70. Then we were only down about 35 or 40. And then they got the little smack-a-doodle into the close. And, of course, I can tell you what happened into the…
Pullback day. Volume was light but one gets paid on price. At this point, want to see how things pull back. We are still in seasonal strength time but the fiscal stiff crap may get in way…as both parties digging in their heels. Nothing new tonight but for a low beta bigger…
The American taxpayers stand to lose billions as General Motors today announced a plan to buy back 40 percent of the company owned by the federal government. “The Detroit automaker said it will purchase 200 million shares of GM stock held by Treasury for $5.5 billion — or $27.50 per share — nearly $2 above the…
Deeply affected by the massacre at Sandy Hook, gun owners in Camden, New Jersey, America’s deadliest town, turned in a record number of weapons in a buy back scheme over the weekend. 1,137 firearms including an elephant-gun were handed in on Friday and Saturday at two churches in the crime-plagued town as the ramifications of…
